TSX.V BTU $0.32
GOLD $1,582.20 USD
COPPER $2.60 USD
Join Our Mailing List

News Release

BTU ANNOUNCES FINANCING

April 19th, 2018, Vancouver, BC, Canada – BTU METALS CORP. (“BTU” or the “Company”) (BTU-TSX:V) announces it is arranging a non-brokered private placement of up to 12 million units ("Units") at a price of $0.06 per Unit for aggregate gross proceeds of $720,000.00 (the "Offering").  Each Unit will be comprised of one common share ("Share") and one –half transferable Share purchase warrant of the Company ("Warrant").  Each full Warrant will entitle the Subscriber to purchase one Warrant Share for a 24 month period after the Closing Date at an exercise price of $0.10 per share. Proceeds raised from the Offering will be used for the upcoming drill program at the Galway Gold Project located in Galway, Ireland. Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange.

This offering is subject to TSX Venture Exchange acceptance and expected to close April 27th, 2018.

ON BEHALF OF THE BOARD

Paul Wood
Paul Wood, CEO, Director

FOR FURTHER INFORMATION, PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Subscribe to UpdatesBack to Past News
X

NEVER MISS AN UPDATE

Subscribe to our mailing list to receive news releases and other materials related to BTU Metals Corp. Your email will never be shared and you can opt out at any time.

Thanks but I'm not interested.